NYSE:MOSChemicals
Mosaic Turns Fertilizer Byproduct Into Rare Earths Opportunity In Brazil
Mosaic (NYSE:MOS) has entered a joint agreement with Rainbow Rare Earths to advance the Uberaba rare earths project in Brazil.
The partners plan to process phosphogypsum, a fertilizer byproduct, to produce rare earths such as neodymium and praseodymium.
The initiative expands Mosaic’s business focus beyond fertilizers into materials used in clean energy and high tech applications.
Mosaic, trading at $29.15, is better known for its fertilizers, so this rare earths move gives investors a...